Is First Bancorp (North Carolina) technically bullish or bearish?

Oct 06 2025 11:58 AM IST
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As of October 3, 2025, First Bancorp's technical trend is mildly bullish, supported by positive MACD and KST indicators, despite some bearish signals from Dow Theory and recent underperformance against the S&P 500.
As of 3 October 2025, the technical trend for First Bancorp (North Carolina) has changed from bullish to mildly bullish. The weekly MACD and KST indicators are bullish, while the monthly MACD and KST also remain bullish. However, the Dow Theory indicates a mildly bearish stance on the weekly timeframe. The moving averages are mildly bullish on a daily basis, and Bollinger Bands show a mildly bullish trend in both weekly and monthly periods.

In terms of performance, the stock has underperformed the S&P 500 over the past week and month, with returns of -1.65% and -4.18%, respectively, while it has outperformed over the year with a return of 27.49% compared to the S&P 500's 17.82%. Overall, the current technical stance is mildly bullish, driven by strong MACD and KST indicators, despite some bearish signals from Dow Theory and OBV.
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